Overview
What is Guadalupe Neighborhood Development Corporation?
Guadalupe Neighborhood Development Corporation is a dedicated nonprofit organization situated undisclosed. Its primary objective is to extend housing opportunities to families with limited financial means, who may struggle to secure affordable accommodation. The corporation achieves this mission by prioritizing the construction and provision of reasonably priced homes, thus addressing the housing needs of this demographic.
Official website here: www.guadalupendc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Guadalupe Neighborhood Development Corporation has achieved an impressive score of 88%, which translates to a Three-Star rating. This rating reflects a strong emphasis on accountability and finance, indicating that the organization manages its funds effectively and maintains transparency in its operations.
The organization benefits from a fully independent board, with 100% of its members being independent. It has implemented a range of policies aimed at ensuring governance integrity, such as a conflict of interest policy and a whistleblower policy, both of which are well documented. Additionally, the organization excels in its financial oversight, with no material diversion of assets reported and a high program expense ratio of 89.01%, meaning that most of its expenditures go directly towards its programs.
However, the organization has a liabilities to assets ratio of 60.56%, which may raise some concerns about its financial leverage. While this is not necessarily a red flag, it does indicate that the organization may have a significant level of debt relative to its assets. Overall, the Guadalupe Neighborhood Development Corporation demonstrates strong governance and responsible financial practices, making it a reliable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Guadalupe Neighborhood Development Corporation legitimate?
Guadalupe Neighborhood Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Guadalupe Neighborhood Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $125,468
Professional Fundraising Fees: $0
Other Salaries and Wages: $261,803
For more financial information, click here
Official website here: www.guadalupendc.org
What is the mission statement of Guadalupe Neighborhood Development Corporation?
The Guadalupe Neighborhood Development Corporation is dedicated to providing affordable housing solutions for families with limited income. By prioritizing the provision of affordable homes, the organization aims to address the housing needs of those who might otherwise be unable to secure affordable housing options. The corporation's mission is carried out through its focus on offering housing opportunities that cater to the needs of low-income families.
Official website here: www.guadalupendc.org
Who is the CEO of Guadalupe Neighborhood Development Corporation?
Mark Rogers is the Executive Director of Guadalupe Neighborhood Development Corporation.
Official website here: www.guadalupendc.org
What is the revenue of Guadalupe Neighborhood Development Corporation?
Guadalupe Neighborhood Development Corporation's revenue in 2022 was $1,138,140.
Official website here: www.guadalupendc.org
Who are the executives of Guadalupe Neighborhood Development Corporation and what are their salaries?
The average compensation at Guadalupe Neighborhood Development Corporation during 2022 was $55,324. There are 7 employees and 9 volunteers at Guadalupe Neighborhood Development Corporation.
Here are 10 key members and their salaries:
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- Compensation: $104,500
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- Other: $20,968
Official website here: www.guadalupendc.org
Where can I find the form 990 for Guadalupe Neighborhood Development Corporation?
Guadalupe Neighborhood Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.guadalupendc.org
Learn more at the official website: www.guadalupendc.org
Mission Statement of Guadalupe Neighborhood Development Corporation
Guadalupe Neighborhood Development Corporation is committed to providing affordable housing solutions for low-income families who may struggle to secure housing within their means. By prioritizing the provision of affordable homes, this organization plays a vital role in ensuring that families in need have access to safe and affordable living spaces. The mission of Guadalupe Neighborhood Development Corporation is to bridge the gap in housing affordability, making it possible for families to build stable lives despite financial constraints.
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Impact
July, 2024
Guadalupe Neighborhood Development Corporation's impact lies in providing affordable housing to low-income families in Austin, Texas. By prioritizing the provision of affordable homes, the organization ensures that low-income families have access to housing opportunities that they may not have otherwise. This not only addresses a crucial need within the community but also contributes to overall community improvement by promoting stability and well-being among disadvantaged populations.
This information is meant to be a general summary of Guadalupe Neighborhood Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $102,680
- Program Service Revenue: $604,006
- Gross Receipts: $1,138,140
Assets and Liabilities:
- Total Assets: $19,038,138
- Total Liabilities: $11,529,665
- Net Assets: $7,508,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$556,606
Management Fee
Revenue
$47,400
Organization Details
Founding Year
1981
Phone
(512) 479-6275Principal Officer
Mark Rogers
Main Address
813 East 8th Street, Austin, TX, 78702
Website
www.guadalupendc.orgNTEE Category
Code: S20 - Community improvement
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